Keidanren Expected to Pick Next Chairman from Manufacturing Sector, as Usual (News)


Tokyo, June 6 (Jiji Press)—With less than a year left before the end of Sakakibara Sadayuki's remaining term as chairman of the Japan Business Federation, the influential business group, also known as Keidanren, is set to begin work in earnest to select his successor.

Sakakibara is believed to favor any of the current vice chairs hailing from the manufacturing sector, in line with the tradition of the business circle. Among them, Hitachi Ltd. Chairman Nakanishi Hiroaki is viewed as the leading candidate.

In recent years, Hitachi has appeared to be less committed to Keidanren's activities. Former Hitachi President Kawamura Takashi declined to assume the Keidanren chairmanship, before Sakakibara took the post.

But some now view Hitachi's attitude as changing, after Kawamura accepted the post of chairman at embattled Tokyo Electric Power Company Holdings Inc. earlier this year.

The other vice chairs from the manufacturing industry include Miyanaga Shun'ichi, president of Mitsubishi Heavy Industries Ltd., and Shindō Kōsei, president of Nippon Steel & Sumitomo Metal Corp.

[Copyright The Jiji Press, Ltd.]

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